In Corning's wholly owned display business and Samsung Corning Precision, total glass volume is expected to be consistent to down low-single digit percentage sequentially, depending on the level of normal seasonal inventory correction expected from panel manufacturers.
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Back-to-school sales of netbooks have also been slower than expected, leading to inventory build-up, he adds.
The need to work off excess inventory was expected to drag on Bristol's earnings into 2003.
Retailers are expected to focus on inventory control, discounting, sales, and promotions.
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Guar prices have declined by around 60% since March, but we do not expect this to have a significant impact on the margins as the company is expected to consume from the inventory procured at higher rates in the second quarter.
The actions also include eliminating inkjet development worldwide, including costs related to facilities, tooling, equipment, contract termination, and scrapping in process inventory, which are expected to be principally complete by the end of 2013.
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The industry is expected to recover slowly as a large inventory of homes will maintain downward pressure on pricing.
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Management expected the gap between revenue growth and inventory growth to close in the fourth quarter, but I am not sure that went down to any large degree given unseasonable weather.
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While some inventory draw down can be expected during the transition to summer gasoline, it is a pretty safe bet that the current high level of gasoline stocks will prevent a rapid escalation of prices this spring.
The one possible flaw in the theory: Stores do such a good job predicting demand and managing inventory levels that less discounting than expected will be needed.
Dell's purchasing managers are working equally hard with suppliers to watch parts inventories on an hour-by-hour basis, making sure Dell has just enough parts to meet expected demand without clogging the system with excess inventory.
In responding positively to those relatively minor reports, the market rally supposedly ignored the big plunge in durable goods orders in October (the largest monthly decline since January, 2009), that new home sales fell 8.1% in October, worse than forecasts, while home prices declined further, and the inventory of unsold homes rose more than expected.
This sunny forecast is largely based on an expected decline in crude oil prices combined with higher gasoline inventory levels and a continuing drop in demand due to increased small-car sales and other factors.
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The company said the expected drop in Q4 margins reflects reduced factory loadings to reduce inventory.
The lower estimate is in part to adjust inventory ahead of its next-generation iPad Mini expected in the third quarter, and increased competition from 7-inch Android tablets, DigiTimes reported.
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The size of the latest sales guidance cut clearly indicates that HTC is suffering from a post-Christmas inventory hangover that is far more serious than Wall Street expected.
On June 20, Bristol-Myers said it was working off more inventory in the second quarter of this year than had been expected--a move that could lessen the impact on future quarters.
Late yesterday, Bristol-Myers (nyse: BMY - news - people) said in a regulatory filing that inventory issues could hurt its 2002 earnings, which are already expected to be low, and added that it had settled a lawsuit brought by Watson Pharmaceuticals (nyse: WPI - news - people).
The major chunk of the demand is expected to come from the automobile manufacturers as they look forward to replenish their inventory.
Dugas said that market conditions are expected to remain relatively stable for the rest of the year, but high resale inventory, particularly foreclosure inventory, expiration of the tax credit and weak consumer confidence could limit the pace of housing's recovery for several more quarters.
The company, having sold far fewer e-readers and tablets than expected during the 2012 holiday season, is likely in need of getting rid of excess inventory.
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Japanese demand for natural gas is expected to increase by 5 billion cubic meters in 2011 which will reduce the current high inventory levels and boost prices.
This longer than expected slow down combined with the continued worldwide capacity expansion has contributed to a significant increase in solar panel inventory throughout the distribution channel.
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Through the project, it is expected that national authorities together with communities would be able to devise cost-effective tools and methodologies to inventory Intangible Cultural Heritage which may serve in the future as a model for nation-wide Intangible Cultural Heritage inventorying exercises.
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